The Church of England’s National Investing Bodies (NIBs) have restricted investment in nine companies because they don’t meet the standards of the NIBs’ 2020 climate change hurdles. Twelve companies made changes to meet the standards. The hurdles were set using Transition Pathway Initiative (TPI) data, with more in place for the next three years, pushing high carbon sectors to align with the Paris Agreement.
Church of England website. 15 December 2020